Practical analysis for investment professionals

Philosophy


Book Review: My Value Creation Journey

Bartley J. Madden has produced a book that challenges business leaders and investment professionals to think outside the box systematically to solve difficult problems.

Private Markets’ Governance: A New Era

Now that the SEC Private Fund Adviser rules have been struck down, it's incumbent on the industry to demonstrate how private ordering can work.

The Interplay Between Cap Rates and Interest Rates

What is the relationship between cap rates and interest rates? It's not as straightforward as you may think.

FX Bubbles: Through the Lens of Shiller and Sornette

The theories and models introduced by Robert Shiller and Didier Sornette are as applicable to the foreign exchange market as they are to the stock market.

What’s Your Client’s Optimal Equity Allocation?

Note to investment advisors: You may be overestimating the risks of equities for conservative investors with longer investment horizons.

Gold and Inflation: An Unstable Relationship

While there are periods when gold has hedged inflation quite well, beware blanket claims of gold's inflation-hedging utility.

Five Quotes from Financial History to Guide Trustees

If you serve as a trustee of an institutional investment plan, these five quotes may help guide your decisions for the benefit of those who depend on your stewardship.

Rethinking Retirement Planning Amidst Aging Demographic Frontiers

Forward-thinking approaches to policy and wealth management are needed to ensure a better financial future across generations and income brackets.

Book Review: The New World Economy in 5 Trends

A diligent economist and an eclectic bookworm serve up an analysis of megatrends that will have the greatest impact on economies and investments: innovation, productivity, climate, multiglobalization, debt, and aging.

Factor Strategies Belong in Your Completion Portfolio Toolkit

Why wouldn't you include factor strategies in your completion portfolio? A review of the two commonly used approaches for managing institutional assets highlights their symbiotic nature.